Today we’re going to talk about, are credit repair services are a scam or not. It’s completely understandable to be skeptical of credit repair companies, heck, I was before I started working for one. But then I saw the impressive results they were producing. But as with all industries, there are the good, and there are the bad. Here are a few things to keep mind when deciding if a certain credit repair company is reputable or not.

Did the credit repair company give you a written contract for its services? Or did you just sign up online without talking to anyone, without receiving any paperwork? You always want proof of any legal agreement.

Choose a company that will keep you informed. Had have you been assigned a credit consultant who will call you every 30 – 45 days with your updated scores? If not, you may want to switch to another company.

Three, steer clear of credit repair companies that charge a flat monthly rate. They often need to keep you on the books for a full year for it to make sense financially, often only working one item at a time drawing out the process as long as possible. Flat monthly rates only give credit repair companies incentive not to do their job.

And finally, as with all things in life, you get what you pay for. If the pricing is too good to be true, it often is. But then again, credit repair shouldn’t cost you thousands of dollars either. Some companies will use a computer program and not assign you a consultant to keep costs down.

Stay away from this, for your credit repair to be effective, you need a credit specialist to review your credit file every 30 – 45 days and decide how to best proceed as time goes on.

High Risk Credit Card Processing and High Risk Merchant Services

I just wanted to give you a little bit of insight of what we’re all about here. There are several different options. It can be very confusingly when you’re applying for a credit card processing merchant account, especially a worldwide or international account. What we specialize in here is we specialize in brokering your account. We have over 250 different banks worldwide to help you with this. This takes a lot of headache from you, and it stops a lot of these denials and stops also a lot of these applications you’re filling out. All we say is, “Hey look, you fill out one application. We’ll send it in for a high-risk processing merchant account if you need one. If you need a virtual terminal, a payment gateway, an ATM machine, or a credit card swiper, this is what we specialize in, all these different types of merchant accounts.